The markets have now risen for five consecutive trading sessions. "Technology stocks led the upswing and though buying was seen across index stocks, it would be early to assess whether a fresh rally has commenced," said Manoj Kakaiya, dealer with ULJK Securities.
Dealers said India's largest software exporter Tata Consultancy Services rose after it announced a 23 million dollar acquisition of Comicrom, a Chilean business process outsourcing firm.
Tata Consultance rose 16.5 rupees or 1.13 percent to 1,475.15.